This article sets forth current legal legislations and recent developments related to directors’ remuneration policies and other compliances of financial institutions based on the approach for Corporate Governance Principles in Turkey after the economic crisis in the world. At the outset, general economic and banking views in the world considering selected countries’ situations were presented, both global and Turkey’s evaluations were discussed in terms of Average Annual Real Gross Domestic Product (GDP) Growth, Real GDP Growth and Selected Soundness Indicators in Turkish Banking Sector. In addition, this article emphasizes the general dominant principle of new Turkish Commercial Code. At last, the normative system of the regulatory bodies in Turkey was explained in details.
Primary Language | English |
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Journal Section | Research Article |
Authors | |
Publication Date | January 1, 2013 |
Published in Issue | Year 2013 Volume: 6 Issue: 1 |